Cost of Living in Bloomfield, KY
Housing
The housing market plays a significant role in determining the cost of living in Bloomfield, KY.
- Housing Index: Data is updating
- Median Home Price is: $162,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Bloomfield, KY, the data suggests an interesting housing landscape. With a median home price of 162000, affordability might be within reach for many buyers; however, the absence of rental data (0.0 for apartments and 0.0 for houses) raises concerns about market saturation or limited rental options. Additionally, a housing index of 0.0 indicates potential volatility in property values. It may be wise to further investigate the availability of rental properties and market stability before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bloomfield, KY.
- Electricity Price: $12.87 USD (median by state)
- Natural Gas Price: $22.78 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Bloomfield, KY could entail higher utility costs. Electricity costs sit at $12.87, while natural gas is priced at $22.78 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bloomfield is a financially viable option for your relocation.